Everspin Technologies Management
Management criteria checks 2/4
Everspin Technologies' CEO is Sanjeev Aggarwal, appointed in Mar 2022, has a tenure of 2.75 years. total yearly compensation is $2.12M, comprised of 21.2% salary and 78.8% bonuses, including company stock and options. directly owns 0.87% of the company’s shares, worth $1.22M. The average tenure of the management team and the board of directors is 2.8 years and 2.8 years respectively.
Key information
Sanjeev Aggarwal
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 21.2% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Everspin Technologies' (NASDAQ:MRAM) Problems Go Beyond Weak Profit
Nov 06
Everspin Technologies (NASDAQ:MRAM) Is Experiencing Growth In Returns On Capital
Oct 30Everspin Technologies: Trying To Get Over The Hump
Oct 11At US$5.98, Is Everspin Technologies, Inc. (NASDAQ:MRAM) Worth Looking At Closely?
Sep 20Everspin: Potential AI Buildout Beneficiary, With Giveaway Valuation
May 13Everspin Technologies: At An Attractive Price Once More (Rating Upgrade)
Apr 03Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shareholders Might Be Looking For Exit
Mar 06Everspin Technologies: Fair Price Point With An Exciting Market Opportunity
Jan 15Are Investors Undervaluing Everspin Technologies, Inc. (NASDAQ:MRAM) By 49%?
Jul 03Why Everspin Technologies, Inc. (NASDAQ:MRAM) Could Be Worth Watching
May 05Is Everspin Technologies (NASDAQ:MRAM) Using Too Much Debt?
Jan 10We Think Everspin Technologies (NASDAQ:MRAM) Can Manage Its Debt With Ease
Oct 12Everspin: A Differentiated Semiconductor Memory Play To Invest In
Sep 14Is Now The Time To Look At Buying Everspin Technologies, Inc. (NASDAQ:MRAM)?
Sep 02Investors Should Be Encouraged By Everspin Technologies' (NASDAQ:MRAM) Returns On Capital
Aug 15Does Everspin Technologies (NASDAQ:MRAM) Have A Healthy Balance Sheet?
Jun 14Everspin: High-Growth Semiconductor Pick With New Product Line
May 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2m |
| Jun 30 2024 | n/a | n/a | US$2m |
| Mar 31 2024 | n/a | n/a | US$8m |
| Dec 31 2023 | US$2m | US$450k | US$9m |
| Sep 30 2023 | n/a | n/a | US$8m |
| Jun 30 2023 | n/a | n/a | US$7m |
| Mar 31 2023 | n/a | n/a | US$5m |
| Dec 31 2022 | US$2m | US$400k | US$6m |
| Sep 30 2022 | n/a | n/a | US$9m |
| Jun 30 2022 | n/a | n/a | US$8m |
| Mar 31 2022 | n/a | n/a | US$7m |
| Dec 31 2021 | US$812k | US$269k | US$4m |
| Sep 30 2021 | n/a | n/a | -US$915k |
| Jun 30 2021 | n/a | n/a | -US$6m |
| Mar 31 2021 | n/a | n/a | -US$7m |
| Dec 31 2020 | US$416k | US$251k | -US$9m |
Compensation vs Market: Sanjeev's total compensation ($USD2.12M) is above average for companies of similar size in the US market ($USD651.40K).
Compensation vs Earnings: Sanjeev's compensation has been consistent with company performance over the past year.
CEO
Sanjeev Aggarwal (57 yo)
2.8yrs
Tenure
US$2,121,773
Compensation
Dr. Sanjeev Aggarwal, Ph D., serves as President & Chief Executive Officer of Everspin Technologies, Inc. since March 14, 2022 and serves as Director since March 2022 and served as its Director from March...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$2.12m | 0.87% $ 1.2m | |
| Vice President of Sales & Business Development | 2.8yrs | US$669.41k | 0.42% $ 582.9k | |
| Interim Chief Financial Officer | less than a year | no data | 0.027% $ 37.7k | |
| Vice President of Operations | 2.8yrs | no data | no data | |
| Vice President of Technology | 2.8yrs | no data | no data | |
| Corporate Controller | no data | no data | no data |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Management: MRAM's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$2.12m | 0.87% $ 1.2m | |
| Independent Director | 16.5yrs | US$179.99k | 1.98% $ 2.8m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6yrs | US$195.00k | 0.37% $ 510.4k | |
| Independent Director | 2.8yrs | US$62.50k | 0.11% $ 148.9k | |
| Chairman of the Board | 6.3yrs | US$241.67k | 0.47% $ 659.8k | |
| Independent Director | 2.8yrs | US$65.00k | 0.11% $ 148.9k |
2.8yrs
Average Tenure
64yo
Average Age
Experienced Board: MRAM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:51 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Everspin Technologies, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Ramsay | Canaccord Genuity |
| Richard Shannon | Craig-Hallum Capital Group LLC |
| Nathaniel Quinn Bolton | Needham & Company |